Mineworx Technologies Ltd (TSXV: MWX)(OTCQB: MWXRF) CEO Interview | RICH TV LIVE – February 17, 2022 – #mineworxtechnologies #interview #richtvlive #ceo #trading #stocks #mining #metals #education #entertainment #business #news #finance
Hey guys how you doing this is your boy rich from rich tv live and you too can join the club at richpixdaily.com where you can learn how to win and trade hi how you doing today i’m your host rich you’re going to have a rich tv live with our very special guest the ceo of mineworks technologies limited greg pandura how you doing today greg doing great rich how’s
Yourself i’m doing fantastic excited to have you on the show greg can you tell us a little bit about yourself and how you got involved with mineworks sure um rich i’ve been involved in the the public markets for 30 years and uh and one of the companies that i got involved in basically it was a chemical technology company which which evolved to a quite quite
A large company and uh during that time uh i acquired a lot of uh background knowledge and how to uh basically plan uh grow and bring the right team in place to make teams successful for for companies um after i retired from the uh this uh chemical technology company i was on various boards on mining companies and other other kind of companies and uh through
A relationship i was asked to to take a look at a company called solid which now is mine works just to evaluate their technology in spain their asset in spain to see if it could be a value that’s how it started we sold that property got some cash and started to look at how we could use new technology to basically change the whole concept of traditional
Mining and we evolved from that into a into a processing technology extracting precious metals can you tell us what are some of the milestones mineworks has set for 2022 which shareholders can look forward to yeah we have a we’ll have a very busy busy 2022 rich we’ve we’ve just uh recently moved our pilot plant from vancouver and canada to tennessee and uh
Uh it’s a plant which has been designed to process the the precious metals from diesel catalytic converters interesting field most people don’t understand that that business probably but it’s a great upside and so what to expect for 2022 is the is the pilot plant which is about to get turned on to to do what it’s supposed to do in order for us to complete
Our our design for our commercial plant uh which is sort of underway already but uh that commercial plant will be it will be designed for uh 10 200 per day operation uh which uh as per our anticipated expectations will generate uh uh over 100 million dollars per year at rare revenue with 20 plus margin so very very good business the last milestone is the
Separation of ourselves from from our mining interests uh where we’ll be uh establishing a new public company and can spin out our marine assets we will rebrand ourselves mine works with rebound will rebrand itself into basically a clean tech environmentally friendly mineral processing company and that’s that’s gonna be exciting for all our shareholders can
You tell us about the management at mineworks especially their past success in the public markets uh for sure um our our ccfo has got uh many years of public market experience uh myself i got over 30 years in the public market experience uh started off a founder of a chemical technology company uh 15 years ago that evolved to to the toronto uh big board
Since that time that company actually has sales this year it’s going to exceed a billion dollars of sales wow so i have to call that a pretty successful operation yeah yeah our our board is is very strong uh from a business perspective a lot of business expertise there plus public market expertise so we’re definitely well geared to get uh this company to to
The next level of where we want to go now the company recently announced that the 100 liter pilot plant has been disassembled loaded and been trucked to tennessee to begin process optimization the next phase of testing protocols can you tell us what this means for mine works sure the the the process optimization phase is really the last phase of of what we
Have to do before we go the commercial plant route um it’s the plan is ready to go uh originally we were going to uh put that plant within our joint venture partners for the facility uh but we’ve decided since then to have a separate standalone building very close to our joint venture partner simply because we wanted a larger ongoing r d facility as we move
Forward into commercial production that’s created some some building permit uh um requirements that have taken more time than what we wanted so the plants ready to get fired up we’re just waiting for the final stage of permitting to get approved on what we have to do so as i said that pineal plant uh the uh the the the idea behind it is to give us the final
Data to complete our design for the 10 tonne for davis facility now if mine works were to compare itself to its competitors in the sector what would you guys say sets you guys apart well we’re in a rather uh interesting situation here rich there there really there is there is no competitors and uh what i mean by that up until now the the only uh commercially
Viable way of extracting precious metals from from diesel catalytic converters was through smelters and smelters as most people in the mining industry are aware are pretty well they’re working at uh maximum capacity on their carbon uh uh limits uh they’re they’re choosing what materials they want to uh process they’re going after the the top-notch stuff
To improve their their margins and lastly uh processing diesel catalytic converters is a problem for their whole system and they’ve they’ve decided to basically stop accepting diesel catalytic converters and this has opened up a huge opportunity for us we’ll we’ll have the only technology and also a environmentally friendly technology which will be able to
Extract uh precious metals from diesel catalytic converters in north america and that that’s what where the world is doing now on carbon credits and environmental issues we will be looked upon in a very favorable way now here at rich tv live we really love to understand the fundamentals of the company can you go through the capital structure of mine works for
Our viewers and how you plan on attracting more institutional as as well as more retail investors sure um we we thought about 330 million outstanding shares which uh uh about 10 of those are owned by by insiders uh another thirty percent at least are owned by people very close to to the company so it’s a pretty closely held net company uh we’re about a ninety
Percent retail uh play right now 10 institutional uh we believe very strongly that once once our our pilot plant is signed off on uh we’re very quickly going to move from a retail play to an institutional play and that will make it very beneficial for our shareholders if there was one thing that you would want shareholders to know about mineworks today what
Would that be well probably the most the most important thing for for for people to understand in the in the catalytic converter business is that uh our art our technology our processing technology is very unique it’s proprietary and and it does the job but in in this business uh a major major uh component to become successful is supply chain management uh
We’ve got a partner a joint venture partner in tent tennessee davis recycling we’ve been in the business for 20 plus years we’ve got a couple year relationship with them they they know the supply chain management aspect of this business inside out everything from purchasing the the feedstock to to analyzing that to to grading that to to paying the proper
Uh amounts of funds for the feedstock to inventory inventory control all these all these issues are are so important to have a successful business in this space and by us having this joint venture partner basically the risk is eliminated for uh for for what we have to do all we have to do is do what we know to do process this the the material the technology
That we have which is proven and we are going to have a very successful business and uh i think our shareholders are going to they’re they’re going to be in for a tremendous ride we love to hear that here rich tv live if there are investors that have questions for the company what is the best way for those investors to get those questions answered uh we’re
We’re pretty transparent and we like to talk to the investors rich so on our web website uh there’s there’s a an information.com which i will get i can respond either through email uh or through telephone where we like to talk to our shareholder base and we’re open to that thank you so much for your time today the ceo of mineworks technologies limited greg
Pandura thank you for joining us today greg thank you rich enjoyed being here it’s my pleasure and i must remind everyone that rich tv live is strictly for information and education purposes please do your due diligence do your research before you invest in anything we talk about or discuss here on rich tv live in saying that i do believe this is a company
That is undervalued under appreciated and underexposed put mineworks on your radar put on your watch list mwx in canada mwxrf in america thank you guys for watching if you’re not winning probably not watching we bring you the winners and we bring them to you first have a nice day everybody if you like the video smash the like button comment down below share
The video everywhere and subscribe this is rich from rich to be live with the ceo of mineworks technologies greg pandura saying have a nice day we’ll see you guys soon you
Transcribed from video
Mineworx Technologies Ltd (TSXV: MWX)(OTCQB: MWXRF) CEO Interview | RICH TV LIVE By RICH TV LIVE
